standardization
standardization
I am presuming that economics refers to a certain type of science that serves with the inquiry of consumption of goods, allotment/allocation distribution, and both the production and distribution of services and goods. Economics can help solve the problem of resource recycling for the benefit of mankind.
A PPF shows the maximum amount of goods that can be produced with a given set of inputs
its because of lionel robbins definition of economics its called a science of choice. understanding the fact-resources are scarce and demand for goods is unlimited. for resource allocation we need to choose, for the method of production we need to choose, for distribution of finished goods we need to choose, thus right from the start economics is a science that helps us to make the more practical choice.
I wasn't able to see what goods that you were talking about, but it is anything that has inelastic demad. i.e. the reactiveness of demand to a change in price. This would include things that we cannot live without, and those which we get addicted to e.g. petrol, alcohol, tobacco. Hope that helps!
Standardization
standardization
I am presuming that economics refers to a certain type of science that serves with the inquiry of consumption of goods, allotment/allocation distribution, and both the production and distribution of services and goods. Economics can help solve the problem of resource recycling for the benefit of mankind.
A) touch typing b) assembly line c) ripple effect d) standardization
It helps in the following methods- face to face interaction increases understanding capability increases memory power
Distribution is how goods and services actually get from the producer to the final user. In a business plan it is commonly known as the distribution channel and physical distribution. The distribution channel is the legal or contractual elements of how a product or service gets from production to the end user. A distribution channel is important for understanding the logistics of the business. It helps in the managing, planning, procurement, transporting, and storage of products. Just-in-time managment is having the products available for display and sale shortly before they're required. This helps reduce storage costs.
The science of economics helps countries cope with the unequal distribution and scarcity of resources.
The science of Economics helps countries cope with the unequal distribution and scarcity of resources.
A PPF shows the maximum amount of goods that can be produced with a given set of inputs
Healthcare -- if you don't consider good health 'goods.'
It means 1 being delivered 2 a periodical distribution of lettersor goods etc 3 the manner of delivering a speech 4 the manner of bowling or sending a ball in cricket etc I hope this helps you
statistic in accountancy helps in knowing the financial position of the business...it also helps in knowing the amount of goods sold ,purchase of the goods and profits of the company...